Salesforce Co-Founder Converts Stock Awards to Shares
The withholding entries are expressly tied to tax liability, and the report separately lists indirect holdings through a family trust and LLCs.
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Rhea-AI Filing Summary
Salesforce, Inc. (CRM) Co-Founder Harris Parker reported that 1,269 and 1,272 restricted stock units converted into common shares on September 22, 2026. The related entries show acquisitions of 1,269 and 1,272 common shares, while 630 and 631 shares were withheld to satisfy tax liability at $233.28 per share. The report also lists indirect holdings through a family trust and LLCs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F5 | 1,269 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F6 | 1,272 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,269 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 630 | $233.28 | $147K |
| Exercise | Common Stock | 1,272 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 631 | $233.28 | $147K |
| Holding | Common Stock F2 | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
| Holding | Common Stock F3 | -- | -- | -- |
Footnotes (6)
- F1. Represents shares withheld to satisfy the reporting person's tax liability upon vesting and settlement of a restricted stock unit award.
- F2. Shares held in The G. Parker Harris III & Holly L. Johnson Family Trust.
- F3. The reported securities are held by an LLC that is managed by the reporting person and his spouse.
- F4. Restricted Stock Units convert to shares of common stock on a one-for-one basis.
- F5. These restricted stock units vest as to 25% of the original grant on March 22, 2025 and vest as to 1/16 of the original grant quarterly thereafter.
- F6. These restricted stock units vest as to 25% of the original grant on March 22, 2026 and vest as to 1/16 of the original grant quarterly thereafter.
Key Figures
Key Terms
Restricted Stock Units financial
one-for-one basis financial
vesting financial
tax liability financial
FAQ
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Were Harris Parker's Salesforce transactions made under a Rule 10b5-1 plan?
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